Directive 2009/138/CE of November 25 2009 called Solvency II defines the general rules for minimum capital requirements for the insurance and reinsurance business. The calculation of the solvency ratio under the new rule is mandatory in Europe as of 1st of January 2016. Markets outside Europe are increasingly looking at Solvency II. It is in light of this development that we bring the possibility of this ALM-Vision workshop to your attention.
This workshop on Asset Liability Management (ALM) is of great value to risk management and financial management teams, risk supervision teams and all insurance professionals seeking a simple, innovative cutting-edge interactive workshop exposing them to best practices internationally on Asset Liability Management in the insurance sector focusing on Solvency II.
Benefits to Participants
Participants will gain familiarity with the international regulatory requirements on Asset Liability Management in the insurance sector. They will also gain familiarity with operational simulation in order to base their decisions and recommendations on quantitative elements. Through the analysis and explanations of the issues faced by some cases of institutional failures observed during the crisis, they will reinforce their culture in Asset Liability Management.
Serge Moulin is the founder of ALM-VISION, a company providing technical support and advisory to financial institutions, including the powerful ALMSolutions® software. He is an investment banker specialized in financial institutions and was managing partner of Riverrock group. Previously, he was co-head of the Strategic Institutions team of Société Générale Corporate &Investment Banking. He worked in a similar position for JP Morgan Chase Bear Stearns Europe. In both positions, he modeled and analyzed banks and insurance companies’ assets and liabilities and advised his customers on their ALM, investments, liquidity and capital. He was formerly an executive officer, having assumed various positions as head of ALM, CIO, CFO, COO and deputy CEO of several financial institutions. He started his career in research, structuring and quantitative management. Mr. Moulin graduated from ENSAE and is a member of the French Institute of Actuaries.
He was deal of the year 2009 for the rescue operation of FORTIS and his team was intensely involved in most of the rescue operations which took place during the 2008 crisis, advising governments, financial institutions and the European Commission.
He is considered as one of the specialist bankers most involved in the different rescue operations in Europe during the crisis. His mandates included Fortis, Dexia, Banques Populaires, Nama – Ireland, Iceland, KBC and, as advisor of the European Commission, on Spanish and German files.
He wrote numerous research papers on finance and lectures at the French National School for Statistics and Economics (ENSAE) and the French Certificate in Asset Liability Management.